AGY

13.6%

9.2¢ argosy minerals limited

Sure, things change and I tend to agree with you. I read all the...

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Simoncho

5,389 Posts.

538

05/01/22

18:45

Post #: 58664105
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Originally posted by cbetz100: ↑

Well, you could stop reading at "on schedule", no doubt. Then you need to follow the path of the lemmings...

Being 28+ years on the stock market and 4+ years on the ASX mostly with gold and lithium plays, have taught me one thing: DYOR!
And that means reading the anns thoroughly, which typically is twice or even more often, compare them to the anns before and put them into a bigger context. Ok, I am not a native speaker but you would be surprised how much you can discover at second sight.
How many times have I stumbled over quotes like "on schedule", "fully funded", "no take-over considered" only to be proven wrong within days, weeks, sometimes even hours. Also things stated over and over again, which suddenly disappear from the next ann, should give you a heads up.

I did not explicitely say AGY will see a delay, but depending on how you measure progress the graphs speak for themselves.
Of course, when you build a factory at the beginning, you can only tackle a few things in parallel. Once the foundation and the shell are in place, many other trades can be worked on in parallel. Let's hope this is the case.

Anyway, AGY is my first lithium play, entering in Feb. 2018 and accumulating ever since. I am bullish on it as one can be and not scared at all. What has much more potential to change the game are drilling results / resource upgrade and Tonopath results rather than a slight delay in plant construction. This will mean the real re-rate!

Happy new year, GLTAH

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Sure, things change and I tend to agree with you. I read all the announcements in full and notice changes. My comment was that there has been little to suggest this could run over schedule and as far as JZ is concerned, it is. Legally, he has to mean it. It was also in response to a comment that if 50% has been completed in 6 months then it can't possibly be on schedule with 3 months to go.

If it's late it'll be a matter of weeks. Big deal.

..and let's enjoy the ride!

AGY Price at posting: 35.5¢ Sentiment: Buy Disclosure: Held
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Last 9.2¢		Change 0.011(13.6%)		Mkt cap ! $133.9M

Open	High	Low	Value	Volume
8.4¢	9.6¢	8.3¢	$761.7K	8.626M

Buyers (Bids)

No.	Vol.	Price($)
1	14047	9.2¢

Sellers (Offers)

Price($)	Vol.	No.
9.4¢	10000	1

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No.	Vol.	Price($)
1	14047	0.092
2	60000	0.091
1	9034	0.090
2	111235	0.089
1	7500	0.087

Price($)	Vol.	No.
0.094	10000	1
0.095	153809	2
0.096	20000	1
0.097	50000	1
0.099	500000	1

Last trade - 16.10pm 28/06/2024 (20 minute delay)

AGY (ASX) Chart

Sure, things change and I tend to agree with you. I read all the...

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